Malaysia clinches major oil palm deal with Saudi Arabia


International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said the oil-rich kingdom of Saudi Arabia would also increase the import of palm oil and related products from Malaysia.

KUALA LUMPUR: In what is seen as a major breakthrough for Malaysia, Saudi Arabia will become Malaysia’s hub for the import and distribution of palm oil and palm oil related products into the lucrative Gulf Cooperation Council (GCC) and the Middle East and North African (MENA) markets.

International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said the oil-rich kingdom of Saudi Arabia would also increase the import of palm oil and related products from Malaysia.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
CPO , MITI , Saudi Arabia , GCC , Mohamed Azmin Ali

Next In Business News

ACE Market hopeful Inspace Creation in underwriting deal with TA Securities
Asian stocks in sober mood as oil rises on Middle East truce doubts
Amanah Hartanah Bumiputera declares 2.5 sen interim income distribution
High jet fuel prices likely to spark structural shakeout in airline industry - aviation experts
Ringgit holds firm at 3.97 vs US$, stronger against major currencies
Bursa backs down as Middle East ceasefire deal in peril
Trading ideas: Inta Bina, Infoline, LSH, PMW, EPB, MNC, Talam, Focus, Kenyalang, Mayu, Perak, Golden, Eckem, MM Computer
Oil falls below US$100 on ceasefire announcement
AEON Credit sets modest FY27 targets amid geopolitical risks
Hartanah cushions margins amid global�volatility

Others Also Read